CEO: CPC's oil shipments can fall by 75–80% in March, April - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

CEO: CPC's oil shipments can fall by 75–80% in March, April

MOSCOW, Mar 23 (PRIME) -- Loading on a sea terminal of Caspian Pipeline Consortium has fully stopped and can fall  by 75–80% in March and April, CEO Nikolai Gorban told reporters on Wednesday.

"Loading on the sea terminal was stopped fully… Pipeline intake continues, but our reservoir capacity will run only until next evening, tomorrow. We expect an almost five time reduction (in March and April)," Gorban said.

On Monday, the company suspended a single-buoy mooring for repairs, and on Tuesday halted another one.

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23.03.2022 13:57
 
 
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